Decision details

Purchase of newbuild property from Keepmoat Homes

Decision Maker: Service Director - Homes & Neighbourhoods

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To ensure take up of a grant allocation from DLUHC for the delivery of two 4-bedroom home by the funding deadline.

 

The purchase of second-hand properties was also considered; however, these carry a risk that the purchase may not complete before the deadline and that the cost of remedial work would make it a more expensive option thana newbuild off the shelf purchase.

Decision:

To purchase a 4-bedroom property from Keepmoat Homes for the sum of £295,000 in order to fulfil the authority’s obligations under the Local Authority Housing Fund programme.

Publication date: 27/11/2024

Date of decision: 31/10/2024